The Accounts Receivable Automation Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The size of the Accounts Receivable Automation market has seen swift expansion recently. It was expected to rise from $3.52 billion in 2024 to $4.03 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 14.3%.
The forecast for 2029 predicts the market size for accounts receivable automation will reach $7.22 billion, with a compound annual growth rate (CAGR) of 15.7%.
Download Your Free Sample of the 2025 Accounts Receivable Automation Market Report and Uncover Key Trends Now!The key drivers in the accounts receivable automation market are:
• Continued digital transformation across industries
• Evolution and expansion of the remote workforce
• Increasing focus on cash flow optimization
• Rise in demand for scalability, flexibility, and a customer-centric approach
The accounts receivable automation market covered in this report is segmented –
1) By Component: Solution, Services
2) By Deployment Mode: Cloud, On-premises
3) By Organization Size: Large Enterprises, Small And Medium Sized Enterprises
4) By Vertical: BFSI, Retail And Consumer Goods., Healthcare, IT And Telecom., Manufacturing, Energy And Utilities, Other Vertical
The key trends in the accounts receivable automation market are:
• The increasing focus on digital transformation and remote work strategies is shaping the market.
• Collaboration with suppliers/vendors is becoming a key trend.
• The importance of sustainability and paperless processes is being recognized in the market.
• There's an increasing emphasis on cybersecurity in this market.
Major companies in the accounts receivable automation market are:
• BlackLine Inc.
• Bottomline Technologies Inc.
• Comarch SA
• Esker SA
• HighRadius Corporation
• SAP SE
• Oracle Corporation
• Kofax Inc.
• YayPay Inc.
• SK Global Software LLC
• FinancialForce Inc.
• The Sage Group PLC
• VersaPay Corporation
• Bill.com Holdings Inc.
• Corcentric LLC
• MHC Software Inc.
• Qvalia AB
• Anytime Collect
• Neopost SA
• Workday Inc.
• Coupa Software Inc.
• Fidelity National Information Services Inc.
• Zoho Corporation
• Fiserv Inc.
• Invoiced Inc.
• MineralTree Inc.
• Nvoicepay Inc.
• Rimilia Holdings Ltd.
• Serrala Group
• Tesorio Inc.
• Tradeshift Inc.
North America was the largest region in the accounts receivable automation market in 2024